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Medical Solutions to pick up C&A
Posted on Tuesday, 13 August 2019 12:32
Medical Solutions is buying US-based staffing and recruitment firm C&A Industries in a deal due to complete in the third quarter of 2019.
While no financial details have been disclosed, the transaction remains subject to customary closing conditions and regulatory approval.
Founded in 1969, C&A claims to be a national leader in staffing and recruitment, with clients spanning the financial, travel and healthcare industries, among others, across all 50 states.
Based in Nebraska, the business has over 700 employees and operates through four agencies which offer a full range of customised hiring, contract-to-hire and contract and supplemental services.
Its companies include the likes of Aureus Group and Celebrity Staff, as well as non-staffing affiliates such as AurTravel.
Upon completion, C&A will continue to operate through its headquarters in Omaha.
Scot Thompson, president of the target, said: “Working together will enable us to add breadth to our solutions and increase market penetration while continuing to deliver an exceptional level of customer-centered service.”
Medical Solutions is a healthcare staffing firm which focuses on placing registered nurses in temporary travel assignments across the US.
The buyer serves more than 2,200 healthcare facilities and also acts as a managed service provider, helping to streamline and simplify workforce operations by managing a hospital’s entire contingent labour staffing processes.
Medical Solutions is no stranger to the acquisition trail, having purchased healthcare staffing services provider Professional Placement Resources for an undisclosed sum back in March 2018.
Zephyr, the M&A database published by Bureau van Dijk, shows there have been 215 deals targeting employment placement agencies announced worldwide since the beginning of 2019.
AMN Healthcare agreeing to acquire US-based Advanced Medical Personnel Services for USD 220.00 million, was the largest of these.
© Zephus Ltd